{
  "page": "compare",
  "query": {
    "a": "SMAIX",
    "b": "FFTFX"
  },
  "retrieved_at": "2026-07-07T18:52:09+00:00",
  "disclaimer": "Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them.",
  "attribution": "Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC.",
  "terms": {
    "notice": "Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed.",
    "url": "https://fundwatcher.app/terms/"
  },
  "fund_a": {
    "name": "Allspring Ultra Short-Term Municipal Income Fund",
    "ticker": "SMAIX",
    "slug": "SMAIX",
    "series_id": "S000007412",
    "html_url": "https://fundwatcher.app/funds/SMAIX/"
  },
  "fund_b": {
    "name": "Franklin Federal Limited-Term Tax-Free Income Fund",
    "ticker": "FFTFX",
    "slug": "FFTFX",
    "series_id": "S000006933",
    "html_url": "https://fundwatcher.app/funds/FFTFX/"
  },
  "overlap": {
    "coverage_a_by_b": "0.05123953251042303770331932984",
    "coverage_b_by_a": "0.05123953251042303770331932984",
    "shared_count": 16,
    "as_of": {
      "a": "2026-03-31",
      "b": "2026-02-28"
    },
    "a_top": [
      {
        "name": "LEE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/FL V7",
        "value": "16100000.00",
        "weight": "0.01507304",
        "shared": false
      },
      {
        "name": "JP MORGAN CHASE PUTTERS/DRIVERS TRUST VARIOUS STATES",
        "value": "15000000.00",
        "weight": "0.01404320",
        "shared": false
      },
      {
        "name": "PRT ARTHR TX MTVA10E Q=SELF V7",
        "value": "15000000.00",
        "weight": "0.01404320",
        "shared": false
      },
      {
        "name": "ROSWELL GA HSG AUTH",
        "value": "12600000.00",
        "weight": "0.01179629",
        "shared": false
      },
      {
        "name": "MAIN STR NAT GA 0% 8/1/2052",
        "value": "11974243.20",
        "weight": "0.01121045",
        "shared": true
      },
      {
        "name": "TNDR-FLTRS-BAML6047",
        "value": "10545000.00",
        "weight": "0.00987237",
        "shared": false
      },
      {
        "name": "OREGON ST HSG & CMNTY SVCS DEPT MTGE REVENUE",
        "value": "10335000.00",
        "weight": "0.00967577",
        "shared": false
      },
      {
        "name": "Los Angeles (City of), CA, Series 2025, RN",
        "value": "10057682.00",
        "weight": "0.00941614",
        "shared": true
      },
      {
        "name": "COLORADO ST HLTH FACS AUTH REV REGD V/R B/E 2.65000000",
        "value": "10000000.00",
        "weight": "0.00936214",
        "shared": false
      },
      {
        "name": "CONNECTICUT HSG FIN AUTH HSG MTGE FIN PROGRAM",
        "value": "10000000.00",
        "weight": "0.00936214",
        "shared": false
      },
      {
        "name": "TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES",
        "value": "10000000.00",
        "weight": "0.00936214",
        "shared": false
      },
      {
        "name": "NEW YORK ST HSG FIN AGY REVENUE",
        "value": "9980773.00",
        "weight": "0.00934413",
        "shared": false
      },
      {
        "name": "INDIANA ST FIN AUTH ENVRNMNTL REVENUE",
        "value": "9100000.00",
        "weight": "0.00851954",
        "shared": false
      },
      {
        "name": "TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES",
        "value": "8000000.00",
        "weight": "0.00748971",
        "shared": false
      },
      {
        "name": "TX SANUTL 02/01/2055",
        "value": "7957406.40",
        "weight": "0.00744983",
        "shared": false
      },
      {
        "name": "TX DALAPT 11/01/2050",
        "value": "7912851.75",
        "weight": "0.00740812",
        "shared": false
      },
      {
        "name": "TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES",
        "value": "7500000.00",
        "weight": "0.00702160",
        "shared": false
      },
      {
        "name": "COLORADO ST HLTH FACS AUTH REV REGD V/R B/E 5.00000000",
        "value": "7359477.30",
        "weight": "0.00689004",
        "shared": false
      },
      {
        "name": "JPM-PUTTERS-MIZ9245",
        "value": "7337119.00",
        "weight": "0.00686911",
        "shared": false
      },
      {
        "name": "NY MTA TRANSP 5% 11/15/2026",
        "value": "7105999.60",
        "weight": "0.00665273",
        "shared": true
      },
      {
        "name": "RURAL WTR FING AGY KY PUBLIC P RURAL WATER FINANCING AGENCY",
        "value": "7000181.30",
        "weight": "0.00655366",
        "shared": false
      },
      {
        "name": "TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES",
        "value": "7000000.00",
        "weight": "0.00655349",
        "shared": false
      },
      {
        "name": "IL U CHIC MED CTR 09D1 L=TD V1",
        "value": "7000000.00",
        "weight": "0.00655349",
        "shared": false
      },
      {
        "name": "CALIFORNIA CMY 2026 XM1346 D1",
        "value": "6800000.00",
        "weight": "0.00636625",
        "shared": false
      },
      {
        "name": "CENTRL BRADFORD PROGRESS AUTHPA",
        "value": "6795000.00",
        "weight": "0.00636157",
        "shared": false
      },
      {
        "name": "Tender Option Bond Trust Receipts/Certificates",
        "value": "6500000.00",
        "weight": "0.00608539",
        "shared": false
      },
      {
        "name": "WHITING IN ENVRNMNTL FACS REVE REGD V/R B/E AMT 5.00000000",
        "value": "6402240.68",
        "weight": "0.00599386",
        "shared": true
      },
      {
        "name": "NEWARK NJ",
        "value": "6047780.40",
        "weight": "0.00566201",
        "shared": false
      },
      {
        "name": "PINELLAS CO HSG FIN",
        "value": "6039367.80",
        "weight": "0.00565414",
        "shared": false
      },
      {
        "name": "NYC HSG DEV CORP-A-2",
        "value": "6001972.20",
        "weight": "0.00561913",
        "shared": false
      },
      {
        "name": "TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES",
        "value": "6000000.00",
        "weight": "0.00561728",
        "shared": false
      },
      {
        "name": "GAINESVILLE FL UTILITIES SYS R GAIUTL 10/42 ADJUSTABLE VAR",
        "value": "5990000.00",
        "weight": "0.00560792",
        "shared": false
      },
      {
        "name": "ALLGNY CNTY HDA 0% 11/15/2047",
        "value": "5956590.00",
        "weight": "0.00557664",
        "shared": false
      },
      {
        "name": "WISCONSIN ST HSG & ECON DEV AUTH HOME OWNERSHIP REVENUE",
        "value": "5835000.00",
        "weight": "0.00546281",
        "shared": false
      },
      {
        "name": "TNDR OPT-FLTRS-XX1441",
        "value": "5625000.00",
        "weight": "0.00526620",
        "shared": false
      },
      {
        "name": "IN FIN REV 5% 2/1/2030",
        "value": "5363726.00",
        "weight": "0.00502159",
        "shared": false
      },
      {
        "name": "Dallas Independent School District, Series 2026B",
        "value": "5345593.00",
        "weight": "0.00500462",
        "shared": false
      },
      {
        "name": "TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES",
        "value": "5270000.00",
        "weight": "0.00493385",
        "shared": false
      },
      {
        "name": "MO HLTH & EDU FACS AU",
        "value": "5223726.50",
        "weight": "0.00489052",
        "shared": false
      },
      {
        "name": "TENDER OPTION BOND TRUST RECEI TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES",
        "value": "5172187.00",
        "weight": "0.00484227",
        "shared": false
      },
      {
        "name": "County of Allen OH Hospital Facilities Revenue",
        "value": "5126762.50",
        "weight": "0.00479974",
        "shared": false
      },
      {
        "name": "PARK CITY KS 3.625% 10/1/2027",
        "value": "5106137.39",
        "weight": "0.00478043",
        "shared": false
      },
      {
        "name": "NY TRANS CORP 5% 1/1/2027 @",
        "value": "5069169.00",
        "weight": "0.00474582",
        "shared": false
      },
      {
        "name": "NTHSIDE TX ISD 3.55% MT",
        "value": "5062525.50",
        "weight": "0.00473960",
        "shared": false
      },
      {
        "name": "OKLAHOMA HSG FIN AGY COLLATERALIZED REVENUE BONDS",
        "value": "5021963.50",
        "weight": "0.00470163",
        "shared": false
      },
      {
        "name": "BRISTOL-WAR RI 5% 06/04/26 BAN",
        "value": "5019932.00",
        "weight": "0.00469973",
        "shared": false
      },
      {
        "name": "Long Island Power Authority, Series 2025B",
        "value": "5003001.00",
        "weight": "0.00468388",
        "shared": false
      },
      {
        "name": "TNDR OPT-A-VRS212",
        "value": "5000000.00",
        "weight": "0.00468107",
        "shared": false
      },
      {
        "name": "TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES",
        "value": "5000000.00",
        "weight": "0.00468107",
        "shared": false
      },
      {
        "name": "NEW YORK CITY NY MUNI WTR FIN REGD V/R B/E 2.50000000",
        "value": "5000000.00",
        "weight": "0.00468107",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "GARDEN ST PRESERVATION TRUST N REGD N/C B/E AG 5.75000000",
        "value": "16794240.69",
        "weight": "0.01897428",
        "shared": false
      },
      {
        "name": "Franklin Municipal Green Bond ETF",
        "value": "16031400.00",
        "weight": "0.01811242",
        "shared": false
      },
      {
        "name": "ROCHESTER MN HLTH CARE FACS REVENUE",
        "value": "16000000.00",
        "weight": "0.01807694",
        "shared": false
      },
      {
        "name": "TN TNSUTL 05/01/2053",
        "value": "15210482.56",
        "weight": "0.01718494",
        "shared": true
      },
      {
        "name": "MAIN STR NAT GA 0% 8/1/2052",
        "value": "15129460.50",
        "weight": "0.01709340",
        "shared": true
      },
      {
        "name": "KENTUCKY ST PUBLIC ENERGY AUTH REGD V/R B/E 3.72590000",
        "value": "14206242.76",
        "weight": "0.01605034",
        "shared": false
      },
      {
        "name": "Maricopa County Industrial Development Authority, Series 2024",
        "value": "12556807.49",
        "weight": "0.01418679",
        "shared": false
      },
      {
        "name": "New York City Water and Sewer System, Second General Resolution, Series BB 1B",
        "value": "12000000.00",
        "weight": "0.01355771",
        "shared": false
      },
      {
        "name": "NEW YORK-I-3",
        "value": "12000000.00",
        "weight": "0.01355771",
        "shared": false
      },
      {
        "name": "Hillsborough County Aviation Authority, Series 2024 B",
        "value": "11448702.78",
        "weight": "0.01293485",
        "shared": false
      },
      {
        "name": "FARMINGTON NM POLL CONTROL REV REGD V/R B/E 3.87500000",
        "value": "11317117.90",
        "weight": "0.01278618",
        "shared": false
      },
      {
        "name": "Black Belt Energy Gas District (The), Series 2023 B, RB",
        "value": "10954391.00",
        "weight": "0.01237637",
        "shared": false
      },
      {
        "name": "BLACK BELT-SER-C",
        "value": "10846370.00",
        "weight": "0.01225432",
        "shared": false
      },
      {
        "name": "NJ TRN CAB-C-BHAC",
        "value": "10678893.12",
        "weight": "0.01206511",
        "shared": false
      },
      {
        "name": "AUSTIN TX HSG FIN CORP AUSMFH 11/42 ADJUSTABLE VAR",
        "value": "10144137.00",
        "weight": "0.01146094",
        "shared": false
      },
      {
        "name": "MD MDSDEV 5 11/12/2028",
        "value": "10056432.00",
        "weight": "0.01136185",
        "shared": false
      },
      {
        "name": "STATE OF NEW JERSEY AMBAC 0.0% 12-15-26",
        "value": "9818744.00",
        "weight": "0.01109330",
        "shared": false
      },
      {
        "name": "Des Moines Independent Community School District, Series 2018",
        "value": "9308345.82",
        "weight": "0.01051665",
        "shared": false
      },
      {
        "name": "PENNSYLVANIA ST ECON DEV FING AUTH UPMC REVENUE",
        "value": "9026100.80",
        "weight": "0.01019777",
        "shared": false
      },
      {
        "name": "TENNERGY CORP TN GAS REVENUE TGYPWR 10/53 ADJUSTABLE VAR",
        "value": "8730684.53",
        "weight": "0.00986400",
        "shared": false
      },
      {
        "name": "MAIN STR NAT GA 4% 07/01/2052 MT",
        "value": "8211833.18",
        "weight": "0.00927780",
        "shared": false
      },
      {
        "name": "State of Illinois, Series 2025 A",
        "value": "8209850.66",
        "weight": "0.00927556",
        "shared": false
      },
      {
        "name": "MN MUNI GAS AUTH-B",
        "value": "7997203.20",
        "weight": "0.00903531",
        "shared": false
      },
      {
        "name": "TARRANT TX EDFC 5% MT",
        "value": "7846860.60",
        "weight": "0.00886545",
        "shared": false
      },
      {
        "name": "OH OHSDEV 11/01/2039",
        "value": "7623737.25",
        "weight": "0.00861337",
        "shared": false
      },
      {
        "name": "Tennessee (State of), Series 2023 A, GO Bonds",
        "value": "7611041.62",
        "weight": "0.00859902",
        "shared": false
      },
      {
        "name": "Los Angeles (City of), CA, Series 2025, RN",
        "value": "7565409.00",
        "weight": "0.00854747",
        "shared": true
      },
      {
        "name": "NY TRANS CORP 5% 01/01/36@",
        "value": "7401728.90",
        "weight": "0.00836254",
        "shared": false
      },
      {
        "name": "New Jersey Economic Development Authority, Series 2019 B",
        "value": "7193703.75",
        "weight": "0.00812751",
        "shared": false
      },
      {
        "name": "District of Columbia Housing Finance Agency, Series 2024 A2",
        "value": "6688984.60",
        "weight": "0.00755727",
        "shared": false
      },
      {
        "name": "KY COMMONWEALTH-A",
        "value": "6673176.90",
        "weight": "0.00753941",
        "shared": false
      },
      {
        "name": "South Dakota Health & Educational Facilities Authority, Series 2025 B-2",
        "value": "6508734.70",
        "weight": "0.00735363",
        "shared": false
      },
      {
        "name": "New Jersey Economic Development Authority, Series 2019",
        "value": "6271752.00",
        "weight": "0.00708588",
        "shared": false
      },
      {
        "name": "LONG BEACH CA BOND FIN AUTH NATURAL GAS PURCHASE REVENUE",
        "value": "6204019.24",
        "weight": "0.00700936",
        "shared": false
      },
      {
        "name": "DENVER CO SD#1-A",
        "value": "6036539.50",
        "weight": "0.00682014",
        "shared": false
      },
      {
        "name": "WHITING IN ENVRNMNTL FACS REVE REGD V/R B/E AMT 5.00000000",
        "value": "5937565.89",
        "weight": "0.00670831",
        "shared": true
      },
      {
        "name": "MICHIGAN ST STRATEGIC FUND LTD REGD V/R B/E AMT 0.87500000",
        "value": "5815046.56",
        "weight": "0.00656989",
        "shared": false
      },
      {
        "name": "MOUNDS VIEW MN MF HSG",
        "value": "5542870.85",
        "weight": "0.00626238",
        "shared": false
      },
      {
        "name": "TX TMGUTL 01/01/2054",
        "value": "5380854.50",
        "weight": "0.00607934",
        "shared": true
      },
      {
        "name": "WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE",
        "value": "5332476.50",
        "weight": "0.00602468",
        "shared": false
      },
      {
        "name": "Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2025B",
        "value": "5331569.50",
        "weight": "0.00602365",
        "shared": false
      },
      {
        "name": "State of Illinois, Series D",
        "value": "5242895.56",
        "weight": "0.00592347",
        "shared": false
      },
      {
        "name": "MARYLAND ST HLTH & HGR EDUCTNL REGD V/R B/E 5.00000000",
        "value": "5202374.49",
        "weight": "0.00587769",
        "shared": false
      },
      {
        "name": "NRG ENERGY INC (MPT) 4.0% 10-01-45",
        "value": "5163507.00",
        "weight": "0.00583378",
        "shared": false
      },
      {
        "name": "MONTGOMERY INDL 0% 10/1/2053 MT",
        "value": "5129408.00",
        "weight": "0.00579525",
        "shared": false
      },
      {
        "name": "State of Oregon Housing & Community Services Department, Series 2024R",
        "value": "5120577.00",
        "weight": "0.00578527",
        "shared": false
      },
      {
        "name": "Black Belt Energy Gas District, Series D-3",
        "value": "5097866.00",
        "weight": "0.00575961",
        "shared": false
      },
      {
        "name": "St. John the Baptist (Parish of), LA (Marathon Oil Corp.), Series 2017, Ref. RB",
        "value": "5088180.00",
        "weight": "0.00574867",
        "shared": true
      },
      {
        "name": "INDIANA ST FIN AUTH ENVRNMNTL INDIANA FINANCE AUTHORITY",
        "value": "5066325.50",
        "weight": "0.00572398",
        "shared": false
      },
      {
        "name": "Wayne County Airport Authority, Series 2017 E",
        "value": "5055309.50",
        "weight": "0.00571153",
        "shared": false
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0001410368-26-052360",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1081400/000141036826052360/0001410368-26-052360-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0002071691-26-008652",
      "as_of": "2026-02-28",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/757010/000207169126008652/0002071691-26-008652-index.htm"
    }
  ]
}